World Bank Robert S. McNamara RSM Fellowships Program for Developing Countries 2024

The World Bank Robert S. McNamara (RSM) International Fellowship is for Doctoral candidates studying development-related subjects in a World Bank country.

World Bank Fellowships Program

Fellows will study current research standards, acquire new econometric skills, and network with renowned researchers in their field through working with World Bank DEC experts and their external academic collaborators from top universities.

They will have a once-in-a-lifetime opportunity to engage in rigorous policy-relevant research and broaden their view on potential development issues and how their research might address concerns in the poor world.

To learn all there is to know about the World Bank Fellowships Program, keep reading, as this article shall provide you with the necessary information.

About World Bank

The Robert S. McNamara Fellowships Programme (RSMFP) of the World Bank pairs aspiring development economists from developing nations with World Bank research economists,

Providing the fellows with exceptional opportunities to participate in rigorous research relevant to policy at the World Bank’s Development Economics Vice Presidency (DEC).

Fellows will be housed at the World Bank in Washington, D.C., for eight months (September to May each year),

Where they will conduct high-quality, policy-relevant research projects while working under the direction of researchers in the Development Impact Evaluation (DIME) and Development Research Group departments.

The World Bank Group is a distinctive worldwide cooperation of five organisations working for long-term solutions that eradicate poverty and promote development. It has 189 member countries, workers from more than 170 countries, and offices in more than 130 places.

Aim and Benefits of the World Bank Fellowships Program

For an 8-month fellowship (paid in monthly instalments), the RSMFP offers an attractive salary of $42,750 net of income taxes per fellow.

Because the fellows will be hosted at the World Bank in Washington, D.C., the World Bank’s Human Resources Operations unit will assist the selected candidates with their G4 visa application.

Requirements for World Bank Fellowships Program Qualification

Applicants must meet the following requirements to be considered for the RSMFP:

  • Citizens of World Bank WBG member countries, with a bias for developing-country citizens;
  • MA graduates or those currently pursuing a PhD in Economics or a comparable subject;
  • No one under the age of 35 (by June 30th of the year the fellowship begins);
  • You must be willing to relocate to Washington, D.C., for the term of the fellowship.

Interview date, Process and Venue for World Bank Fellowships Program

The RSMFP reviews submitted applications using the following method to identify suitable candidates with the most innovative and relevant research projects in the development field.

  • Each eligible application is reviewed independently by two qualified reviewers who evaluate the following:
  • The suggested fellowship’s quality (70%)
  • Prospects for a fruitful post-PhD research career (30%)
  • All criteria are strictly followed during the selection process. There are no exceptions. During an open call for applications, eligibility requirements WILL NOT CHANGE. This information, however, is subject to change between the completion of one application procedure and the start of the next.

Documents Required for Application

  • Resume
  • Statement of research interests
  • Contact details for a letter of recommendation (RSMFP team will contact the academic advisor for the letter)
  • Writing sample in English (optional)
  • Code samples (optional)

How to Apply

Applicants will be able to choose whether they want to be hosted by the Development research department or the Impact evaluation department under the World Bank’s Development Economics Vice Presidency (DEC).

For more details, visit the World Bank website.

Conclusion

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RealMina wishes you success in your endeavours!

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